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Job Advertisement – Invest TCI

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Job Title:                     Corporate Finance Manager (CFM)

Reporting to:              CEO

Location:                     Invest TCI Offices – Providenciales

Job Summary:

The Corporate Finance Manager (CFM) is a key member of the Agency team with primary responsibility for ensuring Invest Turks and Caicos has strong internal financial control structure, along with ensuring proper financial reporting, account reconciliation and budgeting.  The CFM works closely with the Manager-Corporate Services to ensure effective internal operations are maintained.

The CFM’s secondary role will be to support the efforts of the Senior VP – Investor Services in attracting new investment to the country by conducting financial due diligence on investment projects, developing and maintaining a financial assessment model for Investor Services Executives and providing advice and support to the team and business clients related to the Micro-Small Enterprises (MSME) Program.

Key Duties and Responsibilities:

  1. Financial accounting and reporting
    1. Ensures that financial accounting systems, including systems for day to day transactions (general ledger, accounts payable, accounts receivable and payroll) cash flow forecasting and management, credit control, and petty cash are accurately and efficiently maintained. Systems should be maintained in accordance with generally accepted accounting principles (GAAP) and/or IFRS.
    2. Ensures that supporting information for all financial transactions is documented, accurately and properly filed and compliant with all financial provisions of the relevant ordinances and statutory requirements.
    3. Ensure costs and revenue are recorded and reported accurately, timely, and completely in accordance with financial assertions;
    4. Ensure that costs and revenue are incurred and managed in accordance with the terms of the approved budget;
    5. Ensure that Invest Turks and Caicos complies with all financial provisions of the relevant ordinances and statutory requirements particularly the Public Procurement Ordinance and the Public Finance Management Ordinance.
    6. Ensure records, transactions, events, activities and other performance indicators accurately, timely and completely in accordance with performance measure assertions, if any.
    7. Ensures the reconciliation of bank and investment accounts monthly, including monthly supplier reconciliations, review of overdue accounts receivables, updating the accrual and prepayment schedules and calculation and recording of depreciation expense.
    8. Ensure that monthly and quarterly financial reports for management, the Board and TCIG are accurately and timely prepared in accordance with applicable standards.
    9. Make recommendations to the management and the Board on potential areas to reduce expenditure or increase revenue where over run or short falls are noted, respectively.
    10. Ensures the completion and maintenance of the Fixed Assets Register.

 

  1. Budget Preparation
    1. Collaborate with the CSM to support the preparation of the annual budget using a “Zero Based Budget” approach, in consultation with the CEO, Board of Directors and Invest TCI team.
    2. Ensure alignment of the KPI’s with available resources

 

  1. Project Analysis
  2. Develop, implement and maintain system for conducting proper financial due diligence on domestic and foreign investors.
  3. Develop/implement a financial model for investment projects that will allow for rapid review of projects and conduct of sensitivity analysis to detect project risk.
  4. Develop templates that can be used by Investor Services Executives (ISE) to compare project costs to socio-economic benefits.
  5. Review financial information contained in complex project proposals assigned by the SVP and comment on the financial viability of the investment as presented by the proponents.

 

  1. Micro, Small & Medium Enterprises
    1. Monitor compliance of grant agreements with the Center for Entrepreneurial Development (CED) to provide Government funding towards the work of the not for profit entity.
    2. Provide oversight on financial analysis of MSME Business Plans.

 

  1. Other Related Business
    1. Undertake any related activities required by the Agency as requested by the CEO, SVP.

 

PERSONAL SPECIFICATIONS

Education and qualifications:

University degree or equivalent in Accounting, Finance, or equivalent

 

Chartered Accountant, Certified General Accountant, or Certified Management Accountant designation is an asset.

Experience and Knowledge:

  1. Detailed knowledge of generally accepted accounting and internal control principles.
  2. Strong analytical, problem solving and decision-making skills to evaluate alternatives and provide recommendations on business issues.
  3. Minimum five years senior accounting experience in a public or private company environment.
  4. Significant experience in conducting due diligence and financial analysis on development projects and in supporting entrepreneurs.
  5. Proficiency in the use of various computer programs, including: Accounting (Simply Accounting),Word processing (MS Office), Spreadsheets MS Office), Project Management (Visio)

 

Skills:

  1. Strong track record of competency in current and previous employment.
  2. Excellent Leadership Qualities
  3. Strong Writing and presentational skills.
  4. Excellent Communication and interpersonal skills.
  5. Excellent skills in MS Word, Excel, PowerPoint and Outlook
  6. Ability to work in a team environment and manage time effectively
  7. Commercial awareness.
  8. Ability to maintain confidentiality

Personal Qualities:

  1. Open and engaging demeanor.
  2. Able to generate and share ideas.
  3. Hands-on approach.
  4. Willing to take personal responsibility
  5. Able to win trust and personal credibility
  6. Persistence and personal resilience.
  7. Willingness to personally deliver quality to business clients.
  8. Willingness to understand different cultures, lifestyles, and associated points of view.
  9. Willingness to understand the values associated with small communities.

 

Other Requirements:

  1. Fluent English
  2. Willingness and ability to travel by air, land, and sea.

 

Salary and Allowances:

Negotiable in a range from $60,000 to $70,000 depending on education and experience.

 

 

Deadline Date for Applications

The deadline date for applications is August 27, 2021, Turks, and Caicos time.

 

Application Procedure

Interested persons should submit a resume, along with their contact information, cover letter, two letters of reference (one preferably from a former employer), copies of educational certificates, a Police Certificate, and a copy of the Passport photo page.

 

Applications can be submitted by courier or delivered directly to Invest Turks and Caicos at Unit 2D, Courtyard Plaza, Providenciales, Turks and Caicos Islands, prior to the deadline. The application should be addressed to The CEO (Acting) – Invest Turks and Caicos and envelopes should have the words “Corporate Finance Manager” clearly marked on the front.

Alternatively, applications can be emailed to dastwood@investturksandcaicos.tc .The subject line in the email should read “Corporate Finance Manager

 

We thank all applicants for their interest. However, only persons selected for an interview will be

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Health

29 Million Strong, the World Salutes Nurses as International Nurses Day is Observed

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On Tuesday May 12, the world pauses to honor one of humanity’s most trusted, exhausted, resilient and indispensable professions — nursing.

International Nurses Day is observed annually on the birthday of Florence Nightingale, widely regarded as the founder of modern nursing, and comes at a time when global healthcare systems continue to rely heavily on nurses carrying extraordinary emotional, physical and professional burdens.

According to the World Health Organization, there are an estimated 29 million nurses worldwide, making nursing the largest professional group within the global healthcare workforce. Yet despite their numbers, many countries continue to face severe nursing shortages, burnout crises and migration challenges as healthcare demands rise faster than staffing levels.

Still, nurses remain the heartbeat of healthcare.

They are present at life’s first breath and often its final moments. They work through hurricanes, pandemics, emergencies and violence. They calm fear, interpret pain, comfort families and frequently become the bridge between doctors, patients and hope itself.

In small island nations like those across the Caribbean, nurses often carry even greater responsibility — serving communities where resources may be stretched, specialists limited and healthcare systems under constant pressure.

This year’s observance again shines a spotlight not only on the compassion nurses bring to their profession, but also on the growing global call for better pay, safer working environments, improved mental health support and stronger investment in healthcare staffing.

For many people, the most memorable face in healthcare is not always the surgeon or specialist — it is the nurse who stayed a little longer, explained a little more gently or cared a little more deeply during a difficult moment.

Tomorrow’s observance is therefore more than ceremonial.

It is a reminder that behind every functioning hospital, clinic, emergency room, health center, operating theatre and recovery ward stands a nurse — often overworked, sometimes underappreciated, but consistently essential.

To nurses across The Bahamas, Turks and Caicos, the Caribbean and the wider world: thank you for showing up, even on the hardest days.

Developed by Deandrea Hamilton • with ChatGPT (AI) • edited by Magnetic Media.

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Finance

TCI Financial Services Opens Debate on Cryptocurrency Rules 

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Turks and Caicos, May 12, 2026 – A new era of digital finance regulation could be on the horizon for the Turks and Caicos Islands, as the Financial Services Commission moves to establish a legal framework for virtual assets and cryptocurrency-related businesses.

The TCI Financial Services Commission on Friday launched a public consultation on its proposed Virtual Assets Business Bill, 2026, legislation designed to regulate virtual asset service providers, stablecoin issuers and other digital asset activities operating in or from the territory.

Globally, governments and regulators have been racing to catch up with the rapid growth of digital currencies, blockchain technology and online financial platforms. Concerns over money laundering, cybercrime, fraud and the collapse of poorly regulated crypto exchanges have pushed jurisdictions to tighten oversight while still trying to attract financial innovation and investment.

The proposed TCI bill appears aimed at positioning the territory within that evolving international framework.

According to the FSC, the legislation is aligned with international standards and guidance from bodies including the Financial Action Task Force, International Organization of Securities Commissions and the Financial Stability Board.

The Commission said the bill would introduce a “comprehensive licensing, supervisory, prudential and enforcement framework” for the sector. The proposed law includes anti-money laundering and counter-terrorism financing obligations, cyber resilience requirements, enforcement measures and even a regulatory sandbox intended to support innovation.

Among the notable features are proposed reserve and governance rules for stablecoins, which are digital currencies typically tied to traditional assets like the US dollar. The draft legislation also outlines exemptions for certain technology providers and closed-loop token systems.

The FSC said the consultation period is intended to gather public and industry feedback before the bill is submitted to Cabinet next month. Written submissions must be received by June 8, 2026.

The consultation paper and draft bill have been published on the FSC website for public review.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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News

Conch Farm Site to become New Home for Watersports Operators

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$12 million acquisition signals marina plan, not return of commercial conch farming

 

Turks and Caicos, May 12, 2026 – The Turks and Caicos Islands Government’s acquisition of the former Conch Farm property is not shaping up as a revival of the once world-famous aquaculture operation in Long Bay.

Instead, the $12 million purchase appears headed in a very different direction — transforming the sprawling waterfront site into what could become the new operational home for scores of marine and watersports operators who have long struggled for space along the eastern shores of Providenciales.

And for many observers familiar with the growing tensions in those areas, the move may actually make more sense than first believed.

Over the years, the rapid expansion of jet ski operators, charter boats, parasailing businesses and excursion companies along eastern beach and marina areas has increasingly created disputes over access, launching rights, docking space and territorial use of waterfront locations.

At times, those disagreements have reportedly escalated into confrontations serious enough to require police intervention.

Now, according to comments delivered by Premier and Finance Minister Charles Washington Misick during debate on the 2026/27 Budget, government intends to use the former Conch Farm property to bring greater order and infrastructure to the rapidly expanding marine sector.

“The acquisition and redevelopment of the Conch Farm property at Long Bay, Providenciales, is a strategic Government investment to strengthen the rapidly growing marine and water sports sector,” the Premier said.

He explained that the project is envisioned as:

“a safe, clean, and well-managed public marina dedicated to local operators.”

The Premier also pointed directly to the growing number of young Turks and Caicos Islanders entering the marine tourism industry since the COVID-19 pandemic.

“So many of these operators are young Turks and Caicos Islanders who have turned to self-employment since COVID-19,” he stated during the Budget presentation.

Government says the marina would provide affordable and regulated launching facilities while creating space for docking, boat services, small vendors, maintenance operations and other marine-related businesses.

The proposal also aims to formalize portions of an industry which has expanded rapidly alongside the country’s booming tourism economy.

“Best of all it ensures that the benefits of our booming tourism industry are retained right here in Turks and Caicos communities,” the Premier added.

The clarification significantly changes early public assumptions that government was preparing to revive the commercial conch farming operation once associated with the property.

The original Caicos Conch Farm was widely regarded as the world’s first and only commercial conch farm before hurricane damage, operational struggles, policy disputes and legal battles eventually led to its closure.

Now, while the historic name and marine legacy remain attached to the site, the government’s immediate vision appears centered far more on marine infrastructure and economic activity than on aquaculture.

And in a tourism economy increasingly dependent on marine excursions and water-based experiences, the move could ultimately reshape one of the most contentious and overcrowded corners of Providenciales’ tourism landscape.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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